Business confidence sours further, points to economic slowdown

Rebecca Howard
Mon, 01 Apr 2019

By Rebecca Howard April 2 (BusinessDesk) - New Zealand business confidence fell further in the March quarter, pointing to slower economic growth in the first half of 2019. A seasonally adjusted net 27 percent of firms surveyed in the New Zealand Institute of Economic Research's quarterly survey of business opinion expect economic conditions to deteriorate over the coming months compared with a seasonally adjusted 18 percent that had expected a deterioration in the prior quarter. "This QSBO is a fairly downbeat read of the economy... it...

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